Will China become the largest independent flywheel energy storage facility?

It will also become the largest independent flywheel energy storage facility in China and worldwide. Flywheel energy storage systems, compared to alternatives, are known for their quicker response times, enabling swifter modulation of grid operations.

When will China's New flywheel energy storage facility start?

The new facility is expected to commence operations in December later this year. Upon completion, it will be connected to the province’s power grid to modulate the city’s power supply and demand. It will also become the largest independent flywheel energy storage facility in China and worldwide.

What is China's first grid-level flywheel energy storage facility?

In Shanxi Province’s city of Changzhi, a project to construct China’s first grid-level flywheel energy storage facility began in June this year. Backed by Shenzhen Energy Group, the project’s main investor, the facility’s storage system employs solutions developed by BC New Energy, a startup specializing in advanced energy storage technology.

Is flywheel energy storage technology underutilized?

Despite its benefits, flywheel energy storage technology remains underutilized. According to the China Energy Storage Alliance (CNESA), flywheel energy storage accounts only for 0.1% of the total capacity of 13.1 gigawatts provided by new energy storage systems in China.

What is flywheel energy storage?

Flywheel energy storage is not frequently talked about in the larger scheme of environmental sustainability, but it’s actually a longstanding method of storing energy that dates back centuries. Amidst rising demand for stable energy storage facilities, flywheel energy storage technology has developed substantially over the years.

Are flywheel energy storage systems the most efficient method for power grid modulation?

Wang Xin, assistant chairman of BC New Energy, told 36Kr that the rapid charge and discharge capabilities of flywheel energy storage systems make them the most efficient and responsive method for power grid modulation at present.